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Listed 7 days ago

55 Red Maple Lane

Painswick South, Barrie

$679,900

Freehold Townhouse|3-Storey
3 | 3 | 2
About this home

**ONE OF THE LARGER TOWNHOMES ON THE STREET - 1,951 SQ. FT. OF LIVING SPACE!** Spacious and upgraded 3+1 bedroom, 3 bathroom townhome offering plenty of room for everyday family living. The modern kitchen features quartz countertops, tall cabinetry, centre island, stainless steel appliances and a large walk-in pantry, with a walk-out to a private balcony. Bright living room with a second balcony. The versatile ground-floor room has a walk-out to the backyard and can be used as a 4th bedroom, family room or home office. Carpet-free throughout with zebra blinds, modern railings and a water softener. Primary bedroom features a walk-in closet and private ensuite. Two-car parking with garage and driveway. Conveniently located near Barrie South GO, schools, parks and everyday amenities. **Low $175/month POTL fee covers road maintenance and garbage collection.**

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$4,998
Lot Size19.69 ft x 80.72 ft
mls© NumberS13709036
Listed ByFIRST CLASS REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,480
Property tax
$417
Heat allowance
$150
Housing costs
$4,047 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $135,980
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,861 / mo
Cash down
$135,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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